Asia-Pacific Projection Mapping Market, By Throw Distance (Standard Throw and Short Throw), Dimension (2-Dimensional, 3-Dimensional and 4-Dimensional), Offering (Hardware and Software), Application (Festivals, Events, Retail/Entertainment, Large Venue and Others), Country (Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines and Rest of Asia-Pacific) Industry Trends and Forecast to 2028.
Market Analysis and Insights of Asia-Pacific Projection Mapping Market
Growing focus on the technological advancements by the major manufacturers, rising need and adoption of projection mapping at media events especially in the developing economies, and growing expenditure on marketing and advertising are the major factors attributable to the growth of the projection mapping market. Data Bridge Market Research analyses that the projection mapping market will exhibit a CAGR of 20.80% for the forecast period of 2021-2028.
From the name itself, it is clear that projection mapping is the technology that is used to project videos and images on a given surface and can be used for advertising, live concerts, theatre, gaming, computing, and others. This serves the purpose of providing insights and information on various topics and helps in getting the audience attention as it provides attractive and different content to them.
Rising globalization and growth in the adoption of 3D mapping and modelling tools by various governmental organizations to predict natural calamities will emerge as the major market growth driving factor. Growing rate of industrialization especially in the developing economies, surging awareness about the benefits of projection mapping such as portability, flexibility, limitless use of visual effects and the adjustability and growth and expansion of entertainment industry will further aggravate the market value. Growing in 3D and 4D content worldwide and surging adoption of projection mapping for medical applications will further carve the way for the growth of the market.
However, dearth of knowledge and technological expertise and lack of awareness in the backward economies will act as a growth restraint for the market. Complex procedure involved in the application of project mapping and less-effective projection under sunlight will further dampen the growth rate of the market. High initial and maintenance costs involved in projection mapping technology when compared with traditional techniques will further challenge the market growth rate.
This projection mapping market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on projection mapping market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Asia-Pacific Projection Mapping Market Scope and Market Size
The projection mapping market is segmented on the basis of throw distance, dimension, offering and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of throw distance, the projection mapping market is segmented into standard throw and short throw.
- On the basis of dimension, the projection mapping market is segmented into 2-dimensional, 3-dimensional and 4-dimensional.
- On the basis of offering, the projection mapping market is segmented into hardware and software. The hardware is sub- segmented into projector and media server. The projector is further sub-segmented into DLP, LCD and LED.
- On the basis of application, the projection mapping market is segmented into festivals, events, retail/entertainment, large venue and others.
Asia-Pacific Projection Mapping Market Country Level Analysis
The projection mapping market is analysed and market size, volume information is provided by country, throw distance, dimension, offering and application as referenced above.
The countries covered in the projection mapping and equipment market report are Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines and Rest of Asia-Pacific.
Emerging economies like India and China in Asia-Pacific dominate the projection mapping market and will continue to flourish its trend of dominance during the forecast period. This is because of the growth in awareness regarding the high-brightness projectors among population and rise in the investment on sports events and tourism by government.
The country section of the projection mapping market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Asia-Pacific Projection Mapping Market Share Analysis
The projection mapping market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to projection mapping market.
The major players covered in the projection mapping market report are Panasonic Corporation, Barco., BenQ Asia Pacific Corporation, Vivitek, ViewSonic Corporation., Pixel Rain Digital., HeavyM., Blue Pony Digital, Inc, Lumitrix s.r.o., Green Hippo, garageCube., Resolume B.V., AV Stumpfl GmbH, NuFormer, Sharp NEC Display Solutions, Ltd., Digital Projection, Seiko Epson Corporation., among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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